Auto Repair Shop with Four
For Sale
$550,000
8388 W Ridge Road, Brockport, NY 14420
The service area has open repair bays and shop equipment available.
Property Size2,622 SF
Price / SF$209.76
Days on Market49
Property Features for 8388 W Ridge Road
General Information
Standard status
Active
Size
2,622 SF
Total Parking Spaces
30
Property subtype
Commercial
Zoning
COMMERCIAL, Commercial
Automotive
Service Bays
4
Automotive Uses
auto repair
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$8,115
Building Details
Building Size
2,622 SF
Year Built
1958
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX Plus
(585) 279-8200
Listed By:
James M. Gaze · License #30GA0817719
(585) 279-8192
Source:
Franzese-realestate
Added: Sep 7
Changed: Oct 23
Last Checked: Oct 23 at 1:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Plus
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Investment Insights
Based on property information with market context.
This 2,622-square-foot auto repair shop was built in 1958 and includes four open bays. Shop equipment is also available. The property is zoned commercial and occupies a corner lot at 8388 W. Ridge Road in Brockport, New York.
An additional 2.9 acres of land is available.
An additional 2.9 acres of land is available.
Key Highlights
- Four open repair bays
- 2,622‑square‑foot auto repair shop
- Shop equipment available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,466
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,320
$509.3K
Cap Rate 7%
$363,800
$363.8K
Cap Rate 9%
$282,956
$283.0K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$39.3K $15.00/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$36.4K $13.88/SF
− OpEx
−$10.9K −$4.16/SF
NOI
$25.5K $9.71/SF
Area
Monroe County, NY
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,320
Cap Rate 7%
$363,800
Cap Rate 9%
$282,956
Alternative Uses
Best Use
Retail
$363.8K
$318.3K – $424.4K
NOI $25,466 @ 7.0% cap · market cap 4.63%
Second Best
Industrial
$168.1K
$147.1K – $196.1K
NOI $11,766 @ 7.0% cap · market cap 2.14%
Theoretical Best
Specialty Retail
$503.3K
$440.4K – $587.2K
NOI $35,234 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 14420, NY
19,567
Population
8,245
Households
2.4
Avg Household Size
34
Median Age
35%
College-Educated
94%
High-School Grad
59.0 sq mi
ZIP Area
332
Density / Sq Mi
$69,716
Median Household Income
$35,211
Median Earnings
$951
Median Rent
$178,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- College Service Center Inc — 8388 W Ridge Rd, Brockport, NY 14420
Frequently Asked Questions
What type of property is this?
Auto shop - The service area has open repair bays and shop equipment available.
Where is this auto shop located?
The property is located at 8388 W Ridge Road Brockport, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four open repair bays; 2,622‑square‑foot auto repair shop; Shop equipment available
